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US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say


The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...

Boerse Stuttgart's Crypto App Grows 40% This Year + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Boerse Stuttgart Group’s crypto app BISON, launched more than a year ago, has hit the 100,000 active users mark....

Chinese Alcohol Producer Tokenizes National Tipple with Sina Corp Deal


Chinese internet giant Sina Corp and Sichuan-based liquor producer Wuliangye Yibin have announced they have struck a new strategic collaboration that will allow them to tokenize high-end baijiu, China’s most famous traditional alcoholic beverage. Per a state media report, liquor drinkers...

Food Producers Must Use Blockchain to Win Back Consumer Trust - Report


Food, drink and dietary supplement producers need to adopt blockchain technology if they are to gain the trust of increasingly skeptical consumers, per a new report. Data compiled by British market research consultancy FMCG Gurus suggests that the public is growing jaded with food manufacturers...

Market Turbulence Might Push Crypto Users Towards More Centralized Projects


In order to avoid current turbulences in the market, crypto users might start to favor more centralized blockchain finance projects. "To-date, I haven't seen any change in dapp [decentralized app] activity specifically related to COVID-19 or people being in self-isolation," Jon Jordan...

Politicians Building Case for Bitcoin Through Fiat and Democracy Limits


In the midst of the COVID-19 pandemic and the financial crisis it has been causing, we seem to be witnessing some worrying signs for both fiat users and democracy. Here are three recent cases. 1. The U.S.: 'Don't hoard cash' In the midst of the pandemic, people in certain countries, such as in...

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